This study aims to determine the effect of liquidity, leverage and profitability, on dividend policy in IDX High Dividend 20 index companies listed on the Indonesia Stock Exchange. The location of this research is on the Indonesia Stock Exchange (IDX) by accessing the official IDX website, www.idx.co.id. The population in this study were 20 IDX High Dividend 20 index companies listed on the Indonesia Stock Exchange in 2015-2017. The sample analysis technique used is purposive sampling technique, namely 20 companies with a total of 60 observations. The data analysis technique used is multiple linear regression analysis, multiple correlation analysis, determination analysis and ujit. The test results show that liquidity has a positive and significant effect on dividend policy in IDX High Dividend 20 index companies; leverage has a negative and significant effect on dividend policy in IDX High Dividend 20 index companies; profitability has a positive and significant effect on dividend policy in IDX High Dividend 20 index companies.